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Oct 29, 2012
10/12
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a move they did not make during hurricane irene. >> sifma recommends closing u.s. government securities trading in tokyo and london as well. joining us on the phone to talk about that and more is sifma president and ceo, tim ryan. thanks for joining us here. >> thanks for being there. actually, both you, bill, and maria. >> your feeling is if they don't trade in new york, they shouldn't trade dollar-denominated currencies around the world. >> our recommendation was to close early today at noon. we chose to do it at noon principally because there were treasury auctions scheduled today. we wanted to get those finished. we recommended a close tomorrow. >> what about this cme report just moments ago that says overnight trading will happen at 7 p.m. tonight. how does that play into everything? i guess we want your take on the overall impact of a full market shutdown, like we're seeing, and what you're recommendation. >> well, remember, we recommend to our member firms, so they'll make the decision on cme on their own. typically when we make a recommendation because it's
a move they did not make during hurricane irene. >> sifma recommends closing u.s. government securities trading in tokyo and london as well. joining us on the phone to talk about that and more is sifma president and ceo, tim ryan. thanks for joining us here. >> thanks for being there. actually, both you, bill, and maria. >> your feeling is if they don't trade in new york, they shouldn't trade dollar-denominated currencies around the world. >> our recommendation was to...
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Oct 29, 2012
10/12
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>> certainly looks to be a more powerful storm than irene was last year. as we recall, it was a little over $5 billion for our industry for that particular storm. certainly that was just the property and casualty side, not the flooding, so we expect that this will be at least of that magnitude, although we don't know for sure until there's been some real estimates, and it takes usually a couple of weeks for us to get any real hard numbers that we can track. >> don griffin, thanks for your thoughts tonight, appreciate it. >> thank you. a lot of the focus today has been on new york city because it is the financial center of the country, but clearly points further south and soon to the north are in trouble as well. hampton pearson is live in washington where federal workers will get another day off tomorrow. hampton? >> reporter: hi, michelle. more about that in a moment. we did get word late this afternoon that treasury secretary the guy anyner had a meeting with the financial security oversight council about financial markets, hurricane sandy approaching an
>> certainly looks to be a more powerful storm than irene was last year. as we recall, it was a little over $5 billion for our industry for that particular storm. certainly that was just the property and casualty side, not the flooding, so we expect that this will be at least of that magnitude, although we don't know for sure until there's been some real estimates, and it takes usually a couple of weeks for us to get any real hard numbers that we can track. >> don griffin, thanks...
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Oct 30, 2012
10/12
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FBC
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you know, the mta after irene which was obviously much less significant than what we are having now to really good job of getting the subway back up and running in about eight hours. as far as the tunnels, obviously it's a good thing, the critical thing is get the trains and the machinery out there. because we can try out the titles much more efficiently and quickly. the machines in the subway cars have been flooded, that would have really cut back. we get the call to go. >> reports the people chapter of the boroughs. most of the people we have spoken to. they did not heed the evacuation order. they live in zone day and did not get out. you have any sense how many people were talking, how many people might be trapped in the city of new york? >> 375,000 people in zone a approximately. we've -- our best guests was probably somewhere between 50 and 60 percent of people, were thinking upwards of 60. you can't see those. this be are now trapped. it's hard to know exactly. >> sure thing. all right. we thank you so much. the speaker, the city council joining us. thank you. take care. be safe
you know, the mta after irene which was obviously much less significant than what we are having now to really good job of getting the subway back up and running in about eight hours. as far as the tunnels, obviously it's a good thing, the critical thing is get the trains and the machinery out there. because we can try out the titles much more efficiently and quickly. the machines in the subway cars have been flooded, that would have really cut back. we get the call to go. >> reports the...
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Oct 29, 2012
10/12
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this is similar to what we saw with irene last year. there will probably be an upward shift in the national average in the days ahead. irene last year took a similar path, knocked out similar refineries. the national average ended up increasing about 8 cents per gallon. so while the drop in demand on east coast is pretty significant, we could be looking at some longer term problems with these refineries being offline. >> john, do you agree? >> yes, i do. i think it is all going to come down to power, power, power, whether or not the frefineries can get back online, but also whether the terminals are closed that receive imports, not to mention the colonial pipeline even though they have installed generation capacity up and down the line. that will need to get restored for this more rosy scenario we are counting on. >> john, aren't we just building up stockpiles today, tomorrow, maybe wednesday and thursday? >> i do, brian. but to the extent people get back on the road and back to work, we can rip through them. we'll need to see a for-sur
this is similar to what we saw with irene last year. there will probably be an upward shift in the national average in the days ahead. irene last year took a similar path, knocked out similar refineries. the national average ended up increasing about 8 cents per gallon. so while the drop in demand on east coast is pretty significant, we could be looking at some longer term problems with these refineries being offline. >> john, do you agree? >> yes, i do. i think it is all going to...
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Oct 31, 2012
10/12
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CNBC
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irene, a bit of a disappointment. this one was a little bit in the other direction. can you see that in the home repair stocks that i've been emphasizing. we've been talking about roofing as a major play for a week now. a lot of early players have had significant gains but today, look at these stocks moving 6% in a day. this is a real late investors in this game, roofing repair. but i think people underestimated. how about dredging and docking companies. great lakes. this is a very interesting play that not a lot of people talked about last week. there will be a big need to dredge out a lot of those harbors. armstrong another big play, they make flooring. overall you have a somewhat weak earnings picture. en certain election next week where mr. bernanke is very much a part of the play and now you have hurricane sandy ate my homework as a possible excuse for weaker fourth quarter earnings. >>> thank you very much, bob pisani. how is the first day of trading since hurricane sandy? let's ask managing director at lessard national markets. >> it is good to be back. two da
irene, a bit of a disappointment. this one was a little bit in the other direction. can you see that in the home repair stocks that i've been emphasizing. we've been talking about roofing as a major play for a week now. a lot of early players have had significant gains but today, look at these stocks moving 6% in a day. this is a real late investors in this game, roofing repair. but i think people underestimated. how about dredging and docking companies. great lakes. this is a very interesting...
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Oct 30, 2012
10/12
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a report in the subways, the water is starting to enter the subways, and that is what we heard from irene, we know the surge is two feet higher than that so now the water is coming in the sub wways. we understand on grand island, there are rescue boats, so water coming into the streets of manhattan. and we're far from over, the winds have already shifted. we're getting wind gusts now just now approaching hurricane-force winds here in new york city. brian, an unbelievable sight here in lower manhattan. >> and it gets worse, this is a late fall, still leaves on the trees, the northern suburbs of the area, connecticut, westchester county, there are power outages that we don't yet know about. that will be three or four days from now, before the camera -- power crews get up there. >> reporter: i'm afraid this storm, brian, is coming to pretty much be everything that we thought it was going to be. and i know it was so unbelievable for many, including, you know, officials to actually buy into this thing. but everything that it was supposed to do, sadly, it is doing. >> yeah, that is absolutely r
a report in the subways, the water is starting to enter the subways, and that is what we heard from irene, we know the surge is two feet higher than that so now the water is coming in the sub wways. we understand on grand island, there are rescue boats, so water coming into the streets of manhattan. and we're far from over, the winds have already shifted. we're getting wind gusts now just now approaching hurricane-force winds here in new york city. brian, an unbelievable sight here in lower...
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Oct 29, 2012
10/12
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joe, i was with you during hurricane irene and this seems like it's much worse. >> it does seem worse already. it was high today and higher now. >> why aren't people leaving? >> well, it takes a long time to get the long time residents off the island and last year there wasn't as much damage as expected and-- >> this is bigger, stronger and much more dangerous and already seeing the water hit against the docks and much more damage. >> it does and tides are pretty high and again, it's two times day and the water will run out and people are fairly comfortable staying the ones that have stayed they've been here a long time. >> well, best of luck to you. geraldo, joe is having a storm party in anticipation of sandy arriving and hopefully spirits will stay up. back to you geraldo. >> geraldo: safe me a rum drink, brother. okay? it sounds okay. and listen folks, this is for real. now, the real danger, i have a dock on the hudson river. i have-- i'm telling you that, i fully anticipate my dock to be over, over run by the river, as it was last year. but this last year was, i think, a three fo
joe, i was with you during hurricane irene and this seems like it's much worse. >> it does seem worse already. it was high today and higher now. >> why aren't people leaving? >> well, it takes a long time to get the long time residents off the island and last year there wasn't as much damage as expected and-- >> this is bigger, stronger and much more dangerous and already seeing the water hit against the docks and much more damage. >> it does and tides are pretty...
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Oct 28, 2012
10/12
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KGO
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irene being the last time. we didn't hit that hard enough, right at the coast, from jersey shore up through new york city, long island, you get the bigger numbers. because of the shape of the land, it's going to help that southwest to -- southeast to the northwest flow. other spots will have a surge. we're talking 60 to 80 miles an hour winds in that red area, boston, pittsburgh is included. washington, d.c., even. the purple area all of the way through maine, 40 to 60-mile-per-hour winds. you have emphasized sam how many times how big this is. this storm is going to here for a long time and we'll be following it throughout the entire thing. >>> thank you, ginger. >>> meanwhile, 5,000 miles to the west, another breaking story we're watching very closely right now. a massive earthquake off the west coast, triggering a tsunami for hawaii. our affiliate in hawaii reports. >> reporter: very serious situation in hawaii. earlier this morning, the civil servicish shug an evacuation. they are seeing some of those tsuna
irene being the last time. we didn't hit that hard enough, right at the coast, from jersey shore up through new york city, long island, you get the bigger numbers. because of the shape of the land, it's going to help that southwest to -- southeast to the northwest flow. other spots will have a surge. we're talking 60 to 80 miles an hour winds in that red area, boston, pittsburgh is included. washington, d.c., even. the purple area all of the way through maine, 40 to 60-mile-per-hour winds. you...
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Oct 28, 2012
10/12
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much different than irene. we have seen people in the last few hours really taking this storm a little more seriously. also new yorkers taking it in stride. >> we have two children. 2 and under. so, it's a bit of a hassle. after going through what we did last year, we are glad the city is taking precaution. >> we are going up state a little bit. stay there a couple days. when they let us back down, we'll cobb back here. if i was young and sting l, we'd still be here. >> reporter: it's not just the mandatory evacuations taking place in the city. you have the subway system that will shut down. first of all, subways at 7:00 tonight. buses at 9:00. you have ferry service in the area that is shutting down as well. the port authority is taking steps to ramp down that construction at the world trade center sight, securing everything they can. broadway shows tonight going dark through tomorrow and perhaps tuesday. >> michelle franzen reporting from lower manhattan. thanks so much. hurricane sandy as we have been talkin
much different than irene. we have seen people in the last few hours really taking this storm a little more seriously. also new yorkers taking it in stride. >> we have two children. 2 and under. so, it's a bit of a hassle. after going through what we did last year, we are glad the city is taking precaution. >> we are going up state a little bit. stay there a couple days. when they let us back down, we'll cobb back here. if i was young and sting l, we'd still be here. >>...
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Oct 30, 2012
10/12
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the biggest thing i worry about what i saw in irene is people not necessarily acting with common sense and becoming rescue situations themselves. last year we had a lot of people trying to drive through flooded streets, becoming stranded and having to be sort of marine rescued. often the biggest injuries we see come in the aftermath of storms, power lines are down, electricity is still flowing and dangers abound, so, you know, we've got folks spread all throughout the city working well, frankly, in tight coordination but with federal, state and local authorities, we had a conference call with the president, the governor was on it, myself and others so there's a lot of teamwork going on and learned a lot from past crises. [ "everybody have fun tonight" plays ] really catching on! people can do it all! get a quote, buy and manage your policy! -[ music stops ] -it's great! well, what's with the... -[ music resumes ] -music? ♪ have fun tonight dude. getting a car insurance quote. i'll let it go to voicemail. [ clears throat ] ♪ everybody wang chung tonight ♪ putting it on vibrate. [
the biggest thing i worry about what i saw in irene is people not necessarily acting with common sense and becoming rescue situations themselves. last year we had a lot of people trying to drive through flooded streets, becoming stranded and having to be sort of marine rescued. often the biggest injuries we see come in the aftermath of storms, power lines are down, electricity is still flowing and dangers abound, so, you know, we've got folks spread all throughout the city working well,...
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Oct 29, 2012
10/12
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FOXNEWS
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that's already higher than irene when it made landfall. on top of that wave of 20-30 feet, an epic storm system catastrophic along the jersey shore, long island and connecticut. expecting a landfall, a little quicker now between 5:00 an and:00 p.m. along the jersey shoreline. the worst of the storm will come to the of the center of the storm. we got the counter-clockwise winds pushing storm surge into areas that are vulnerable, southern new york into manhattan, long island sound, connecticut and the jersey shore. we might not see what we have seen before. the time line speeding up a little bit. gusts 80-90 to 100 miles an hour. heavy rainfall up to a foot. but wind gusts anywhere from much of new jersey up towards long island, southern new york, southern connecticut. up to 100-mile-per-hour. widespread coastal flooding. this will be a surge problem. more people die from hurricanes because of surge. there is more property damage because of surge and the winds. a long-lived wind event of 90-100-mile-per-hour battering this coastline. this is
that's already higher than irene when it made landfall. on top of that wave of 20-30 feet, an epic storm system catastrophic along the jersey shore, long island and connecticut. expecting a landfall, a little quicker now between 5:00 an and:00 p.m. along the jersey shoreline. the worst of the storm will come to the of the center of the storm. we got the counter-clockwise winds pushing storm surge into areas that are vulnerable, southern new york into manhattan, long island sound, connecticut...
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Oct 30, 2012
10/12
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you have irene 14 months ago, now this. do your models tell you that this is going to be a more likely scenario over the next, i don't know, 20 or 30 years? >> well, carl, we do model scenarios like this, believe it or not. maybe not exactly this scenario but ones of this kind of severity. and for us i would say it's a manageable event financially. i don't think there's any question that things are different now. at least they have been over the last couple of years. you might expect a company like ours has skilled analytical professionals who do this work in conjunction with industry groups and the weather patterns have been quite different. the question really is, is this a permanent change, or is this just a cycle we're going through which we've had many weather cycles throughout history, as you know. i don't think the answer to that is clear yet. >> right. and, liam, i have to ask you, the impacts on the industry as well as the consumer here, when you hear about these sorts of hurricanes and you hear about the estimated
you have irene 14 months ago, now this. do your models tell you that this is going to be a more likely scenario over the next, i don't know, 20 or 30 years? >> well, carl, we do model scenarios like this, believe it or not. maybe not exactly this scenario but ones of this kind of severity. and for us i would say it's a manageable event financially. i don't think there's any question that things are different now. at least they have been over the last couple of years. you might expect a...
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Oct 28, 2012
10/12
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. >> reporter: sandy could create a storm surge larger than last year's hurricane irene. possibly filling the subway tunnels with water. >> lower manhattan is the most vulnerable spot for a storm surge. >> no doubt about they expect this to be a large problem for central new jersey, including philadelphia, atlantic city, new york city all of the way up toward boston. something that we need to pay attenti attention to. >>> now, potentially new york city, where hurricane irene last year wasn't so bad in the city itself, what would you say to people who are tempted to write this off? >> i want to remind folks about that hurricane, it was a bad storm, dan, it just didn't deliver the wind damage that new york city expected and the surge wasn't really here. but if you look innd where it was catastrophic flooding and so many folks were acted that storm. it was a terrible storm. this storm hurricane center said that it will have all of those elements focused on these big population areas, and new york city is one of them. i'm going to ask everyone to be prepared. >> all right, be
. >> reporter: sandy could create a storm surge larger than last year's hurricane irene. possibly filling the subway tunnels with water. >> lower manhattan is the most vulnerable spot for a storm surge. >> no doubt about they expect this to be a large problem for central new jersey, including philadelphia, atlantic city, new york city all of the way up toward boston. something that we need to pay attenti attention to. >>> now, potentially new york city, where...
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Oct 29, 2012
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because of irene, are you even more prepared at this point, governor? >> well, we certainly have learned a lot with every storm. we have a great first responder emergency response community in our state. they've been preparing for many days. that being said, this is a significant one. we're seeing a lot of flooding already. we expect people will be without power for a long time. it's a slow moving storm. going to be several tidal cycles. significant impact throughout the state. >> compared to last year with both of those events that we had, you think there's going to be longer and more people without power? >> i do. i think the storm will be here longer for sure. it's slow moving. we expect more people without power. the utilities have been bringing people in from throughout the country so that's a positive. the challenge is that it's so long lasting, the winds are going to be so strong that it could be some period of time before the utilities can actually put people up in their bucket trucks to put poles back up. >> are the centers full near the coast?
because of irene, are you even more prepared at this point, governor? >> well, we certainly have learned a lot with every storm. we have a great first responder emergency response community in our state. they've been preparing for many days. that being said, this is a significant one. we're seeing a lot of flooding already. we expect people will be without power for a long time. it's a slow moving storm. going to be several tidal cycles. significant impact throughout the state. >>...
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Oct 30, 2012
10/12
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i was here in new york for irene last year. this is much much worse than irene. much larger storm. not necessarily a stronger storm but because it is so large it has this tremendous amount of energy with it. all of that energy can do quite a bit of damage. when the sun comes up today we are going to get a good idea as to the real full extent of what actually happened over the past 24-hours. >>> that is for sure. this has been so large up and down the east coast. it has been as far west as chicago with 20-foot waves in lake michigan. >> all day and all night you have been sending us the pictures of the storm. >> i live in long island on the north shore of long island. you have been hearing about that. look at all of the downed trees this is in my house alone. last half this is before everybody went to bed last night we had lost 5 trees. these are 100 foot tall or hire trees. a lot of people have been sending us in their photos and videos. this is also on the long island sound. things are a real mess out there. heather childers joins us with a look at some of our viewer pictures. goo
i was here in new york for irene last year. this is much much worse than irene. much larger storm. not necessarily a stronger storm but because it is so large it has this tremendous amount of energy with it. all of that energy can do quite a bit of damage. when the sun comes up today we are going to get a good idea as to the real full extent of what actually happened over the past 24-hours. >>> that is for sure. this has been so large up and down the east coast. it has been as far west...
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Oct 30, 2012
10/12
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it could cause more flood damage than hurricane irene. water reached record levels in some areas. >> and brian shactman is in the hamptons specifically on the south shore of long island. you're getting used to this wet weather. what has the night been like and how is the day shaping up? >> things have settled down a bit even though the rain has picked up. we're getting as of rain now as we did yesterday. we're three hours east of manhattan and it's a very swanky area in terms of summer properties. jerry seinfeld, robert de niro, paul simon some of the name 2s s that have properties out here. we wait for sunlight to assess the damage. it's almost like a video game on the roads where you have to duck under things and around things. took about a four hour nap, went to bed with 600,000 customers on long island without power. woke up with 900,000 customers. that's not people, just homes. so a lot more people do not have power. overall, it's about 6.5 million customers that did not have power. here it was about the surge in the ocean and the wi
it could cause more flood damage than hurricane irene. water reached record levels in some areas. >> and brian shactman is in the hamptons specifically on the south shore of long island. you're getting used to this wet weather. what has the night been like and how is the day shaping up? >> things have settled down a bit even though the rain has picked up. we're getting as of rain now as we did yesterday. we're three hours east of manhattan and it's a very swanky area in terms of...
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Oct 30, 2012
10/12
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i mean, twhapd during irene? >> caller: well, i have to tell you, i was here personally, the same way. and probably, it was exactly the same scenario. i think most people are heeding the warning and are staying home and staying put. and that's allowing them to stay safe and not, you know, causing the unnecessary injury or illness from occurring. >> yeah. similarity. so, so far, so good, right? >> caller: so far, so good. we are keeping our fingers crossed. like i said, we have extra staff on board tonight. everybody's bunking out at the hospital. we are waiting to see, you know, if we are needed. >> doctor, this is heather, i did want to ask you a question. i know you don't want to talk specifically about the situation right now at the new york medical center where they are evacuating people. but what happens when have you patients who are on ventilators? they have at least four infants on ventilator there is. they are having to evacuate them and take them out of the hospital, carry patients down the stairwells.
i mean, twhapd during irene? >> caller: well, i have to tell you, i was here personally, the same way. and probably, it was exactly the same scenario. i think most people are heeding the warning and are staying home and staying put. and that's allowing them to stay safe and not, you know, causing the unnecessary injury or illness from occurring. >> yeah. similarity. so, so far, so good, right? >> caller: so far, so good. we are keeping our fingers crossed. like i said, we have...
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Oct 30, 2012
10/12
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i don't remember the figures with irene. i'd say this is more than irene but perhaps not as bad as we had feared. all the countings not done yet, but hopefully we've escaped the worst of it. >> the state offices were closed yesterday, they're closed again today. governor, you expect they'll be able to open and get back to business as normal tomorrow? >> i would hope so. we're going to announce at 8:30 what we're doing with driving restrictions and the like and if we're in a position to release some of the driving restrictions then i would hope certainly people could be back, the state employees could be back tomorrow. we'll have more to announce about that later today. >> when we spoke with you yesterday the president had not yet declared a state of emergency in delaware. i believe that has changed since then in. >> he did, fema and the white house have been terrific to work with, very grateful to them. you know the way it works is they embed themselves, we have fema people at our emergency management agency to make it as se
i don't remember the figures with irene. i'd say this is more than irene but perhaps not as bad as we had feared. all the countings not done yet, but hopefully we've escaped the worst of it. >> the state offices were closed yesterday, they're closed again today. governor, you expect they'll be able to open and get back to business as normal tomorrow? >> i would hope so. we're going to announce at 8:30 what we're doing with driving restrictions and the like and if we're in a position...
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Oct 30, 2012
10/12
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hurricane irene was 1.2 million, impacted house hodes. this is 2.4 million impacted households. 1.2million of the 2.4 million from pfeag, 935,000 from jcp and l. 195,000 from atlantic city electric, and 45,000 from orange and rockland. during hurricane irene restoration took eight days for full restoration. for hurricane sandy the full restoration may in fact take longer. full damage assessment will not be complete until 24 to 48 hours due to some of the weather delays. they cannot develop the timeframe for restoration until damage assessments are underway and obviously these difficult weather conditions are making this more of a challenge. however, the utility companies have continued to reach out to other states for assistance, and we are expecting additional linemen, servicemen and tree-clearing workers from states as far away as texas and indiana and even folks coming from to us from canada. it will remain extremely dangerous in areas where trees and wires are down, i ask people to use extreme caution, assume that any wire you see dow
hurricane irene was 1.2 million, impacted house hodes. this is 2.4 million impacted households. 1.2million of the 2.4 million from pfeag, 935,000 from jcp and l. 195,000 from atlantic city electric, and 45,000 from orange and rockland. during hurricane irene restoration took eight days for full restoration. for hurricane sandy the full restoration may in fact take longer. full damage assessment will not be complete until 24 to 48 hours due to some of the weather delays. they cannot develop the...
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Oct 29, 2012
10/12
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CNNW
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irene, this was as high as irene got, and i think we'll get another couple of feet on top. >> another couple of feet on top of what we're experiencing now, again. water -- when you go down the street it's high thy-high already. >> all right. i'm curious how is he going to get those kids out, but we've run out of time, so maybe we'll get back to you, and maybe he can help us understand how he is moving the family out with that little boat. >> if are you trying to fly out of the northeast, are you probably out of luck. thousands of flights canceled because of the storm. we'll show you where. i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. anncr: every president inherits few have faced so many. four years later... our enemies have been brought to justice. our heroes are coming home. assembly lines are humm
irene, this was as high as irene got, and i think we'll get another couple of feet on top. >> another couple of feet on top of what we're experiencing now, again. water -- when you go down the street it's high thy-high already. >> all right. i'm curious how is he going to get those kids out, but we've run out of time, so maybe we'll get back to you, and maybe he can help us understand how he is moving the family out with that little boat. >> if are you trying to fly out of the...
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Oct 29, 2012
10/12
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it's already at irene levels. the question is going to be what level does the surge take us to later on this afternoon, later this evening when it is actually high tide. and if there's a possible area of concern, that is it. that's what we're monitoring closely now. as an added precaution today, we are announcing that we are going to close the holland tunnel and the brooklyn battery tunnel now renamed u.l. carry tunnel at 2:00 today. those tunnels are prone to flood and as a precaution, we are going to be closing those tunnels at 2:00 today. the bridges at this point will remain open. they close at 60-mile-per-hour winds. weather forecast suggests gusts up to 90 miles an hour. people should keep an eye on that. the situation may be updating as we go throughout the day. we will also be calling up an additional 1,000 national guards people. general murphy is in charge of that. we called up 1,000 yesterday. we're going to call up an additional 1,000 to make sure we have all of the resources that we need to deal with
it's already at irene levels. the question is going to be what level does the surge take us to later on this afternoon, later this evening when it is actually high tide. and if there's a possible area of concern, that is it. that's what we're monitoring closely now. as an added precaution today, we are announcing that we are going to close the holland tunnel and the brooklyn battery tunnel now renamed u.l. carry tunnel at 2:00 today. those tunnels are prone to flood and as a precaution, we are...
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Oct 29, 2012
10/12
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FBC
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they are remembering what happened with irene last year. other people are saying, you know, we have been through the storms before. we are hunkering down and we are not leaking. of course, our fingers are crossed for them. connell: along the shoreline, for better or worse with a large group of people. dagen: breaking news on the water moving into new york city and manhattan our sister station is reporting that parts of fdr drive, this is one of the two main arteries in and out of new york city that runs along the edge of manhattan. on the east side of manhattan is fdr drive, that is now underwater according to fox five. fdr drive is on the east side of manhattan. this is a critical artery of moving traffic in and out of new york city. at 2:00 p.m. eastern time, both the holland and brooklyn battery tunnel will be closing. if people are not in the city or out of the city in a matter of hours, you will not have a choice. you will have to stay right where you are. dagen: if you went up the right side of the horseshoe there, the east river is t
they are remembering what happened with irene last year. other people are saying, you know, we have been through the storms before. we are hunkering down and we are not leaking. of course, our fingers are crossed for them. connell: along the shoreline, for better or worse with a large group of people. dagen: breaking news on the water moving into new york city and manhattan our sister station is reporting that parts of fdr drive, this is one of the two main arteries in and out of new york city...
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Oct 29, 2012
10/12
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FOXNEWS
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that overtops irene at 9.5. two hours until high tide. that is an interesting situation. water levels don't be on the rise. take a look at the center of circulation, on shore. probably around ocean city. southern tip of new jersey. around atlantic city. that is just a point of reference. we will feel effects of the storm, 500-miles from the center of the storm. it will move across the great lakes. wind advisories across the great lakes. wind gusts up to 70 miles per hour. this storm is going to expand across the midwest. wind gusts in excess of 90 miles per hour. as the center moves on shore. north of the center, where you feel the north of the storm surge. rain and wind. 50 miles per hour gusts south of that region, 35 miles per hour gusts across the southeast. across the great lakes in the mid-atlantic. this is a storm surge and winds for long duration of time. carving a coastline in some cases, i'm afraid. and the weeks ahead. back to you. >> bret: thank you. what could be a big storm for long time. we look at how it relate together in all-stars join me after the break
that overtops irene at 9.5. two hours until high tide. that is an interesting situation. water levels don't be on the rise. take a look at the center of circulation, on shore. probably around ocean city. southern tip of new jersey. around atlantic city. that is just a point of reference. we will feel effects of the storm, 500-miles from the center of the storm. it will move across the great lakes. wind advisories across the great lakes. wind gusts up to 70 miles per hour. this storm is going to...
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Oct 30, 2012
10/12
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FOXNEWSW
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this is so much worse than when i stood here 14 months ago for hurricane irene. i would say that broadway which runs the entire length of new york city parallel with the ocean is under something like 5 feet. every single home is impossible to imagine how all of them aren't completely inundated on the ground level. the water goes back street after street after street as far as we can see. we cannot get out of this hotel right now to explore further. but it is a desperate situation for anybody who did not heed those warnings, which were said again and again by officials. get off of what is a barrier island. get out while you can. now it is way way too late. we wait for day break to see when this surge ends. and also the extent of the damage it has done. it is going to be bad here in long beach city and across the length of long island, shep. you and i have covered a the love hurricanes and we have seen a lot of storms. can i tell you i have never seen a storm surge like this, shep. >> shepard: jonathan hunt live on long island in new york. so, it's becoming clear w
this is so much worse than when i stood here 14 months ago for hurricane irene. i would say that broadway which runs the entire length of new york city parallel with the ocean is under something like 5 feet. every single home is impossible to imagine how all of them aren't completely inundated on the ground level. the water goes back street after street after street as far as we can see. we cannot get out of this hotel right now to explore further. but it is a desperate situation for anybody...
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Oct 28, 2012
10/12
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MSNBCW
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a lot of people feel that i got through irene, i can get through this. this is a different type of storm. first of all, it's going to cause greater flooding in areas that were not flooded during irene. the wind in areas that were not hit by irene with wind problems, those areas -- people really need to take seriously and be prepared. it's almost getting to the point where it's too late because finding food, finding water, finding flashlights and generators is becoming impossible now. >> sir, good advice. hopefully people are getting good advice. jerome hauer, we'll let you get back to work. we appreciate you taking time out of our schedule. this is msnbc's extended coverage of this october surprise, hurricane sandy looming over a huge area of the eastern u.s., threatening to disrupt things for tens of millions of people, over nearly a quarter of the lower 48 states. we're back after this. when a twinge of back pain surprises him. morning starts in high spirits, but there's a growing pain in his lower back. as lines grow longer, his pain continues to ling
a lot of people feel that i got through irene, i can get through this. this is a different type of storm. first of all, it's going to cause greater flooding in areas that were not flooded during irene. the wind in areas that were not hit by irene with wind problems, those areas -- people really need to take seriously and be prepared. it's almost getting to the point where it's too late because finding food, finding water, finding flashlights and generators is becoming impossible now. >>...
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Oct 29, 2012
10/12
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. >> that's true, although on the ocean we did have a washover in the same spot as when hurricane irene hit. >> shepard: how bad is that? >> it can fill up a couple of feet. >> shepard: be careful out there, i know it's going to be a long night because these winds and the rains are scheduled to continue throughout the night. we have the weather loop again. i want to he show you one characteristic that the weather folks didn't anticipate. here is kind of the center of it right as it goes ashore. all the rain is on this side. the back side is almost completely dry. not like a tropical system at all. more like a nor'easter with all of the wetness on this side. can you see it stretches way past cleveland. but up here, not as much rain. tonight, it's wind and sturgeon in new york city as we approach high tide. we're back with with the continuing coverage in three minutes as fox reports live tonight. 'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. s
. >> that's true, although on the ocean we did have a washover in the same spot as when hurricane irene hit. >> shepard: how bad is that? >> it can fill up a couple of feet. >> shepard: be careful out there, i know it's going to be a long night because these winds and the rains are scheduled to continue throughout the night. we have the weather loop again. i want to he show you one characteristic that the weather folks didn't anticipate. here is kind of the center of it...
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Oct 26, 2012
10/12
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FBC
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eye 114
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hurricane irene dumped a lot of water on new jersey, vermont, new hampshire. there is severe flooding. that is what they expect this time around. fema is on the call. they are moving emergency response people into position in the atlantic states but until they know where the storm will make landfall they don't want to pin anyone down. back to you liz. david: liz has a house on hudson river and i have one on cape cod. >> can join me. david: i think we'll all be camping there. a homeless man spent two decades staying in hotel rooms and visiting disney 26 times, not legal of course. find out how he did it and if you want to break the law how he could do it. liz: what you need to make it big next week. find out here next on fox business. ♪ [ male announcer ] eligible for medicare? that's a good thing, but doesn't cover everything. only about 80% of your part b medical expses. the rest is up to you. soonsider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up som
hurricane irene dumped a lot of water on new jersey, vermont, new hampshire. there is severe flooding. that is what they expect this time around. fema is on the call. they are moving emergency response people into position in the atlantic states but until they know where the storm will make landfall they don't want to pin anyone down. back to you liz. david: liz has a house on hudson river and i have one on cape cod. >> can join me. david: i think we'll all be camping there. a homeless...
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205
Oct 31, 2012
10/12
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CNBC
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you look at hurricane irene, tropical storm irene, the cost to state and local governments of new york was $1.2 billion. that was for recovery and cleanup. clearly this is going to be an economic hit on us. dimensions of which we just don't know yet. >> it's interesting how it impacted with mta shut down and people unable to get into manhattan for example. lower manhattan almost deserted. certainly very few businesses operating and few businesses operating at night. how does that work its way through the economy? >> very significantly. we take for granted the extensive public transportation system we have in the new york city metropolitan area. it's the life blood to our economy. when that life blood is not pumping, it will have a serious impact. it's not just how soon will trains be running but will be repair costs? they will be significant. mta had its own financing troubles particularly with regard to that capital program. they obviously weren't anticipating the kind of damage that this storm has brought. a long-term where we're at with financing for the mta is a very unclear pictur
you look at hurricane irene, tropical storm irene, the cost to state and local governments of new york was $1.2 billion. that was for recovery and cleanup. clearly this is going to be an economic hit on us. dimensions of which we just don't know yet. >> it's interesting how it impacted with mta shut down and people unable to get into manhattan for example. lower manhattan almost deserted. certainly very few businesses operating and few businesses operating at night. how does that work its...
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Oct 31, 2012
10/12
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CNBC
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we also had hurricane irene hit new york last year. so it really trained people to expect -- to prepare for a disaster. maybe not of this scale, certainly, but certainly people learned what to get, how to prepare, so there was a lot of pre-storm shopping done. >> certainly we're looking for the impact on companies like generics, which makes generators, and energizer batteries. in terms of those who may get a benefit from this. the question becomes some of the drugstores. do they lose sales that they won't be able to make back because people aren't picking up prescriptions. maybe they aren't doing their halloween shopping. >> there are some people who will -- the sales will come back, if you will. if you need your medication, you need your medication. you stocked up before the storm, and you'll come back as soon as you can after the storm to make sure that you have your appropriate medication. but that said, there are certain other locations that simply will not recover. sit-down restaurants are probably the most obvious. while they may
we also had hurricane irene hit new york last year. so it really trained people to expect -- to prepare for a disaster. maybe not of this scale, certainly, but certainly people learned what to get, how to prepare, so there was a lot of pre-storm shopping done. >> certainly we're looking for the impact on companies like generics, which makes generators, and energizer batteries. in terms of those who may get a benefit from this. the question becomes some of the drugstores. do they lose...
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Oct 30, 2012
10/12
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KNTV
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and we went through hurricane irene, tropical storm irene last year, this time last year. but this is a lot worse as far as storm surge down here. again, right now we also know that 400,000 people about are without power here in connecticut. very dire situation. the governor briefing the media in just a little while up in hartford. that's the latest down here in new haven, connecticut. back to you. >> thank you. it's always deadly to underestimate the power of one of those storms. let's turn things over to meteorologist rob mayeda. we're anticipating that bad weather is going to move into that area soon. >> it is approaching from the south. right now, certainly delaware, new jersey and new york seeing the worst of the former hurricane, now just a supercharged nor'easter that is crossing the coast. winds sustained at 80 miles per hour. we have seen gusts closer to 90 miles an hour on long island. everything in purple would be wind gusts at about hurricane strength. that's a large area being impacted there. as that wall of water being pushed by the winds, over the last 24 to
and we went through hurricane irene, tropical storm irene last year, this time last year. but this is a lot worse as far as storm surge down here. again, right now we also know that 400,000 people about are without power here in connecticut. very dire situation. the governor briefing the media in just a little while up in hartford. that's the latest down here in new haven, connecticut. back to you. >> thank you. it's always deadly to underestimate the power of one of those storms. let's...
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Oct 30, 2012
10/12
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CNBC
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places that didn't experience flooding during irene. certainly did this time. historic event, and it will take some time to recover. >> back to you, scott. >> reynolds wolf for us from the weather channel. hurricane sandy loss estimates are as high as $10 billion, but what does this mean for the insurance stocks. let's welcome josh sterling an insurance analyst at bernstein. thanks for coming on today. >> thank you, scott. >> had an analyst on yesterday looking ahead to the storm who suggested that chub was the best physician. how would you assess who has got the best place right now in the insurance business, given the damage estimates?5zl >> well, you know, that's a great question. the truth of the matter is all will be weak for a few days. looking back in history, what happens is investors in times of uncertainty, until the companies start to report losses, generally the stocks will be weak, and, of course, you know, given this storm and given how many people who are investors and how we've been sitting at home watching television for the past couple of days
places that didn't experience flooding during irene. certainly did this time. historic event, and it will take some time to recover. >> back to you, scott. >> reynolds wolf for us from the weather channel. hurricane sandy loss estimates are as high as $10 billion, but what does this mean for the insurance stocks. let's welcome josh sterling an insurance analyst at bernstein. thanks for coming on today. >> thank you, scott. >> had an analyst on yesterday looking ahead to...
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153
Oct 30, 2012
10/12
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FOXNEWS
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jenna: compared to irene, ron, how does this compare? >> this definitely has surpassed irene in terms of the amount of damage that we've seen. as i said, we just started our as -- assessment process. we'll be out there seeing how much worse than irene this is. jenna: sounds like you're firing on all cylinders, ron, pardon the expression if there is no power. great to have you talk with us today. we wish you best of luck as you work around the clock to get this fixed. >> thank you. jon: cleanup efforts are underway across the mid-atlantic region even as the storm continues on. countless streets an homes are underwater. we have the very latest from hard-hit ocean city, maryland. we'll be speaking with the mayor in just a bit. >>> the powerful superstorm slamming after lach chan states with snow fall. dramatic images of early season snowfall coming up [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all
jenna: compared to irene, ron, how does this compare? >> this definitely has surpassed irene in terms of the amount of damage that we've seen. as i said, we just started our as -- assessment process. we'll be out there seeing how much worse than irene this is. jenna: sounds like you're firing on all cylinders, ron, pardon the expression if there is no power. great to have you talk with us today. we wish you best of luck as you work around the clock to get this fixed. >> thank you....
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Oct 30, 2012
10/12
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CNNW
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during hurricane irene, we watched, i watched. the waters rose in our subside basement near our generators. fortunately, as the tide receded, the water receded and we were fine during hurricane , irene. but beginning on sunday night, our engineering team was acutely concerned with what might happen if the tide came in as high as it might, the flood surge as big as it might be. so we had done a tremendous amount of preparation to make sure we had adequate sump pumps and we had insulated a ed all wiring that might somehow get exposed to that water. because we didn't want a replay of the near call that happened during hurricane irene. >> you had to okay this transfer. it was a big procedure as wolf just mentioned. how did it work for you? >> i got around something around 10:30, from our command center. saying, we just got a call from nyu, are we prepared to take their patients? i said, absolutely. we had already taken their patients during hurricane irene, because they had voluntarily evacuated at this time. this time, we knew it was
during hurricane irene, we watched, i watched. the waters rose in our subside basement near our generators. fortunately, as the tide receded, the water receded and we were fine during hurricane , irene. but beginning on sunday night, our engineering team was acutely concerned with what might happen if the tide came in as high as it might, the flood surge as big as it might be. so we had done a tremendous amount of preparation to make sure we had adequate sump pumps and we had insulated a ed all...
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506
Oct 29, 2012
10/12
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KGO
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eye 506
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just a year ago waiting for hurricane irene's arrival. millions of people have taken the city officials' advice and stayed home today. >> sandy causing a real mess for flyers, too. the impact felt all the way to the west coast. some planes still in the air sunday night. but look at this morning. the skies much emptier. jim lavila has the details. >> reporter: nearly a total ground stop here. the flights are canceled. almost all across the country, whether it's trains, butss, and also planes, have been canceled this morning. take a look what we have here at reagan national. this airfield, this corridor, completely empty. look at the boards over here, they become cancellation walls at the airports tell people to stay home. >> reporter: this morning, much of the nation as a standstill. the ferocious superstorm crippling much of america's transportation system. amtrak trains and airports from north carolina to boston virtually shut down. nearly 7,000 flights canceled. most either fly from or through one of the hubs in sandy's path. >> you pre
just a year ago waiting for hurricane irene's arrival. millions of people have taken the city officials' advice and stayed home today. >> sandy causing a real mess for flyers, too. the impact felt all the way to the west coast. some planes still in the air sunday night. but look at this morning. the skies much emptier. jim lavila has the details. >> reporter: nearly a total ground stop here. the flights are canceled. almost all across the country, whether it's trains, butss, and...
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178
Oct 27, 2012
10/12
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KGO
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damage from irene topped $14 billion. and sandy could wreak even more havoc. >> i lost everything in my basement. i had up to ten feet of water in my house. this is a concern. >> reporter: governor cuomo has declared a state of emergency in preparation for sandy's impact. and mayor michael bloomberg warned new york city residents to brace themselves. >> high winds that could force certain bridges to be closed. >> reporter: last year, in advance of irene, mayor bloomberg made the unprecedented order to evacuate low-lying areas of the city and shut down the subway system. as sandy barrels north, the city's more than 7 million strap hangers await a decision about another possible shutdown. and mayor bloomberg says the subway system will shut down if the wind speeds exceed 39 miles per hour. he recommends that residents put together a go pack with all of the essentials, should you need to go at a moment's notice if there are evacuations. >> potentially a huge crisis for the biggest city in this country. that concludes our sto
damage from irene topped $14 billion. and sandy could wreak even more havoc. >> i lost everything in my basement. i had up to ten feet of water in my house. this is a concern. >> reporter: governor cuomo has declared a state of emergency in preparation for sandy's impact. and mayor michael bloomberg warned new york city residents to brace themselves. >> high winds that could force certain bridges to be closed. >> reporter: last year, in advance of irene, mayor bloomberg...
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92
Oct 30, 2012
10/12
by
FBC
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eye 92
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technically irene and sandy were not major storms yet. i'm talking about storms like hurricane carol, hurricane edna which were all greater storms as far as the category levels than sandy was, but this is part of a natural cycle. cheryl: this is a superstorm. the subway system, it's -- you know -- >> this is why the saffir-simpson scale is outdated. i have a scale that shows you the overall power of the storm, the pressure. what happens is, you may have less wind over a larger area, but it still pushes in. the pacific is cooling. the atlantic is warm. guess what? 1950s right up the coast. cheryl: joe has been living at fox business and fox news for the last 24 hours. thank you for all of your help. >> i appreciate it. cheryl: we really appreciated you helping us cover the hurricane. >> thank you. cheryl: coming up everybody, melissa francis and ashley webster will have a lot more on superstorm sandy and the path of destruction that's been left behind including this pennsylvania. pennsylvania governor, over a million people are without pow
technically irene and sandy were not major storms yet. i'm talking about storms like hurricane carol, hurricane edna which were all greater storms as far as the category levels than sandy was, but this is part of a natural cycle. cheryl: this is a superstorm. the subway system, it's -- you know -- >> this is why the saffir-simpson scale is outdated. i have a scale that shows you the overall power of the storm, the pressure. what happens is, you may have less wind over a larger area, but...
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518
Oct 30, 2012
10/12
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CNNW
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eye 518
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hurricane irene hit this place last year and the people here had the experience of this kind of flooding, but not as rapid as what we've been seeing. we have been in a constant -- [ no audio ] >> we lost david mattingly, obviously, technically, as you can imagine it is very difficult to maintain contact. that's why i'm talking on the phone. we literally got knocked off the air a short time ago. let's bring in chad myers, who is monitoring events in the severe weather center. what are we looking at in terms of timeline now for folks who are watching this and trying to figure out how long they're going to have been staying in their homes, how long this is going to last? when is the water going to peak, when will we start to see some of this water receding and how long is this thing going to be lasting for? >> i don't think we'll see the water recede enough through the low tide that we won't have another high tide on top of what we're seeing now in some spots. we could continue this flooding for another two tide cycles so at least another almost three-quarters of a day. david mattingly here
hurricane irene hit this place last year and the people here had the experience of this kind of flooding, but not as rapid as what we've been seeing. we have been in a constant -- [ no audio ] >> we lost david mattingly, obviously, technically, as you can imagine it is very difficult to maintain contact. that's why i'm talking on the phone. we literally got knocked off the air a short time ago. let's bring in chad myers, who is monitoring events in the severe weather center. what are we...
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184
Oct 30, 2012
10/12
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WJLA
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eye 184
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water several feet above where the water went during irene last summer and that is flooding the subways. that is a multibillion dollar disaster in itself. incredible storm. a lot of people here talk about the hurricane of 1938, a benchmark that hit long island in '38. this storm had pressure or intensity at that level, same league as one of the hurricanes in american history and it moved in a path that was so rare, it moved out to sea and then it backed into the coast and moving off to the west right now and the track, future track will take it into parts of pennsylvania and not only storm surge by winds over 90 miles per hour. we had fatalities in the new york city area because of trees falling on cars. we had a firefighter who died when a tree fell on a fire truck in this area. just an incredible storm and look at the path. it's going to move through buffalo, pittsburgh, very high winds in those areas. even blizzard warnings for part was west virginia higher elevations expecting one to two feet of snow. it's all about the great lakes getting the wind. erie, michigan in particular with
water several feet above where the water went during irene last summer and that is flooding the subways. that is a multibillion dollar disaster in itself. incredible storm. a lot of people here talk about the hurricane of 1938, a benchmark that hit long island in '38. this storm had pressure or intensity at that level, same league as one of the hurricanes in american history and it moved in a path that was so rare, it moved out to sea and then it backed into the coast and moving off to the west...